GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Irbid District Electricity (AMM:IREL) » Definitions » Inventory-to-Revenue

Irbid District Electricity (AMM:IREL) Inventory-to-Revenue : 0.09 (As of Mar. 2024)


View and export this data going back to 1978. Start your Free Trial

What is Irbid District Electricity Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Irbid District Electricity's Average Total Inventories for the quarter that ended in Mar. 2024 was JOD6.6 Mil. Irbid District Electricity's Revenue for the three months ended in Mar. 2024 was JOD72.2 Mil. Irbid District Electricity's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Irbid District Electricity's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.09) to Dec. 2023 (0.09)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Irbid District Electricity's Days Inventory for the three months ended in Mar. 2024 was 9.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Irbid District Electricity's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.42.


Irbid District Electricity Inventory-to-Revenue Historical Data

The historical data trend for Irbid District Electricity's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Irbid District Electricity Inventory-to-Revenue Chart

Irbid District Electricity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.02 0.02 0.02

Irbid District Electricity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.10 0.09 0.09 0.09

Competitive Comparison of Irbid District Electricity's Inventory-to-Revenue

For the Utilities - Regulated Electric subindustry, Irbid District Electricity's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Irbid District Electricity's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Irbid District Electricity's Inventory-to-Revenue falls into.



Irbid District Electricity Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Irbid District Electricity's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (5.929 + 4.848) / 2 ) / 283.206
=5.3885 / 283.206
=0.02

Irbid District Electricity's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (4.848 + 8.275) / 2 ) / 72.186
=6.5615 / 72.186
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Irbid District Electricity  (AMM:IREL) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Irbid District Electricity's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=6.5615/61.779*365 / 4
=9.69

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Irbid District Electricity's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=61.779 / 6.5615
=9.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Irbid District Electricity Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Irbid District Electricity's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Irbid District Electricity (AMM:IREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110
Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity (AMM:IREL) Headlines

No Headlines